Posted AT 1:25 AM EST on 06/09/08
It's no conspiracy: Gold is just priced right
You know it was one ugly week in the stock market when the Labour Day holiday turned out to be the only good day for punters, who were forced to do their gambling at casinos, fairs and racetracks. By the close of trading yesterday, the benchmark S&P/TSX composite index had posted its worst weekly showing since the dramatic telecom meltdown eight years ago. Worldwide, equities haven't looked this grim since the aftermath of the 9/11 bombings.
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